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  "documentTitle": "Core Laboratories (CLB)",
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  "authorName": "David Einhorn",
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      "text": "The great thing about high-return businesses is you can compound your earnings by reinvesting your profits at high returns. Core is a non-capital-intensive business. Analytically, the ROIC in a non-capital-intensive business is irrelevant, because you can't reinvest your profits to grow your earnings at the stated ROIC. Core could have twice as much lab equipment without gaining any new customers. It is flawed to value the stock based on its \"industry leading ROIC.\"",
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      "text": "AS YOU CAN SEE, BY LATE NEXT MONTH YOU'LL HAVE OVER FOUR DOZEN HUSBANDS. BETTER GET A BULK RATE ON WEDDING CAKE. — XKCD",
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